Warrant issuance (first tranche)
Company: Applied Digital
What the later record shows
Delivered on time · happened June 17, 2024
Later filings state that the first tranche of 6,300,449 CIM warrants was issued on June 17, 2024. That is the promised deadline.
“This Registration Statement does not cover the Warrant, which was issued on June 17, 2024 pursuant to the Pro Supp to the Original Registration Statement.”
2024-09-12 · Applied Digital S-1 filed 2024-09-13 View cached copy (2026-08-31)Live source ↗
“The CIM Warrants were issued in two tranches: for the purchase of up to 6,300,449 Common Shares (the “Initial Warrants”), issued on June 17, 2024”
2025-07-29 · Applied Digital 10-K filed 2025-07-30 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Company will issue warrants to purchase 6,300,449 common shares with exercise price of $4.8005 per share, to be issued no later than June 17, 2024 in a registered direct issuance
Source (primary)
Applied Digital 8-K filed 2024-06-07 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Warrants will be issuable in two tranches for the purchase of up to 6,300,449 Common Shares and 2,964,917 Common Shares, respectively. The first tranche will be issued no later than June 17, 2024 in a registered direct issuance.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing states that the first warrant tranche covers up to 6,300,449 common shares and will be issued by June 17, 2024 in a registered direct issuance. It also states that all the Warrants carry a $4.8005 per-share exercise price.
Confirmed in the source:
- The Company will issue warrants whose first tranche covers the purchase of up to 6,300,449 common shares
- The warrants have an exercise price of $4.8005 per share
- The first tranche will be issued no later than June 17, 2024
- The first tranche will be issued in a registered direct issuance
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000151/apld-20240607.htm) in full (13,148 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2024-06-07
Quote: “The Warrants will be issuable in two tranches for the purchase of up to 6,300,449 Common Shares and 2,964,917 Common Shares, respectively. The first tranche will be issued no later than June 17, 2024 in a registered direct issuance.”
confirms Applied Digital S-1 filed 2024-09-13
Quote: “This Registration Statement does not cover the Warrant, which was issued on June 17, 2024 pursuant to the Pro Supp to the Original Registration Statement.”
confirms Applied Digital 10-K filed 2025-07-30
Quote: “The CIM Warrants were issued in two tranches: for the purchase of up to 6,300,449 Common Shares (the “Initial Warrants”), issued on June 17, 2024”